How do I sell my coin shop?

A buyer of a coin, stamp or bullion shop acquires its stock, its customer relationships and its reputation. A buyer needs to see what is in the cases, where it came from and who comes through the door. The more clearly you can show those things, the smoother the conversation goes.

Separate your own collection

Many dealers keep a personal collection beside the shop’s stock. Decide what belongs to you, label it, and remove it from the business records before a buyer looks. Do the same for consignment items held for other people. A clear line between your property, customers’ property and the shop’s stock avoids arguments at closing.

Document grading and provenance

Gather certificates, grading records and purchase notes for the pieces that matter most. A buyer cannot rely on your memory, and a well-kept record shows the care that went into the stock. Where an item has never been graded, say so plainly.

Agree how stock is counted

Because the value of bullion moves with the metal market, settle in the agreement which day’s reference applies and who does the count. Your accountant can advise on how the stock should be treated for the sale.

Keep collectors and find the buyer

Introduce the buyer to regular collectors and wholesale contacts during a handover period, so they follow the shop and not only you. Likely buyers are other dealers, trusted staff and serious collectors. A shop with loans as well may find our page on selling a pawn shop useful.